Tectonic Therapeutic grants options to director
Tectonic Therapeutic, Inc. reported that director Jessica Caroline Chutter received a grant of stock options covering 20,400 shares of common stock.
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Rhea-AI Filing Summary
Tectonic Therapeutic, Inc. reported that director Jessica Caroline Chutter received a grant of stock options covering 20,400 shares of common stock. The options have an exercise price of $29.10 per share and expire on June 7, 2036.
According to the vesting terms, one-third of the option shares will vest on June 8, 2027, with the remaining shares vesting in 24 equal monthly installments after that date, subject to Ms. Chutter’s continued service with the company. Following this grant, she holds 20,400 stock options directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 20,400 | $0.00 | $0.00 |
Footnotes (1)
- F1. One-third (1/3) of the shares subject to the option shall vest on June 8, 2027, and the balance shall vest in 24 equal monthly installments thereafter, subject in each case to the Reporting Person providing continuous service to the Issuer on each such date.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
exercise price financial
expiration date financial
vesting financial
continuous service financial
FAQ
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What insider transaction did TECX director Jessica Chutter report?
What is the exercise price of the new TECX stock options?
When do Jessica Chutter’s TECX options start vesting?
How many TECX options does Jessica Chutter hold after this grant?
When do the newly granted TECX stock options expire?
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